Streetbeat News

Partnerships

BABA

INTC

Alibaba has announced that it is using new central processor chips from Intel to serve its large language model. The news was revealed during an Intel event.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:01 pm

INTC

SMCI

Supermicro, Inc. (NASDAQ:SMCI) has announced future support for the upcoming 5th Gen Intel Xeon processors. Supermicro will soon offer early shipping and free remote early access testing of the new Systems via its JumpStart Program for qualified customers. The Supermicro 8x GPU optimized servers, the SuperBlade® servers, and the Hyper Series will soon be ready for customers to test their workloads on the new CPU. The new processors will have built-in workload accelerators, enhanced security features, and increased performance within the same power envelope as the previous generation of 4th Gen Intel Xeon processors.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:01 pm

F

GM

STLA

TSLA

WKSP

Worksport Ltd (NASDAQ:WKSP)(NASDAQ:WKSPW) has signed a significant long-term supply agreement with a US automotive aftermarket reseller, which is expected to bring in $16 million in annual sales of its hard-folding and soft-folding covers. The company is also working on introducing the SOLIS solar-powered tonneau cover, integrated with its COR remote battery system. Meanwhile, Tesla Inc (NASDAQ:TSLA) is reportedly close to a technological breakthrough in EV making, while Ford Motor (NYSE:F), General Motors (NYSE:GM) and Stellantis N.V. (NYSE:STLA) are struggling with a strike by the United Auto Workers.

Portfolio Pulse from Upwallstreet

September 19, 2023 | 3:58 pm

AQMS

DFLI

Dragonfly Energy Holdings Corp (DFLI) has used lithium hydroxide recovered by Aqua Metals Inc (AQMS) from recycled lithium-ion batteries to manufacture a lithium-based battery cell. This advancement in sustainable lithium-ion battery production could lead to a more circular and sustainable lithium battery manufacturing industry. DFLI shares are trading higher by 0.55% at $1.78.

Portfolio Pulse from Shivani Kumaresan

September 19, 2023 | 3:56 pm

ICCT

iCoreConnect announced a new endorsement partnership with the Rhode Island Dental Association, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:39 pm

INTC

Intel has announced a series of AI-focused innovations at its Intel Innovation 2023 event. The company confirmed its five-nodes-in-four-years process technology plan is on track and revealed details on next-generation Intel Xeon processors. Intel also announced the launch of Intel Core Ultra processors, featuring the company's first integrated neural processing unit. A large AI supercomputer will be built on Intel Xeon processors and Intel Gaudi2 AI hardware accelerators, with Stability AI as the anchor customer. Intel also announced the general availability of the Intel Developer Cloud for building and testing high-performance applications like AI.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:36 pm

ASTS

T

VOD

AST SpaceMobile, Inc (ASTS) stock is trading higher after the company successfully made the first-ever 5G connection for voice and data between an unmodified smartphone and a satellite in space. The test was conducted using AT&T Inc (T) spectrum and AST SpaceMobile's BlueWalker 3 test satellite. The call was placed from Hawaii to a Vodafone Group Plc (VOD) engineer in Spain. The company also broke its previous space-based cellular broadband data session record by achieving a download rate of approximately 14 Mbps.

Portfolio Pulse from Anusuya Lahiri

September 19, 2023 | 3:23 pm

AMTB

The Florida Panthers and Amerant Bank have announced that the new home for Panthers hockey and premier entertainment in Broward County will be Amerant Bank Arena. The partnership between the Panthers and Amerant Bank began in October 2021 and has since expanded to include the entitlement of the premium center-ice seating area 'Amerant Vault' and support for the Panthers Kids Club and youth hockey initiatives. Amerant Bank also partnered with the Panthers for the inaugural ‘Saves for Vets' campaign, donating $40 per save made by a Panthers goaltender throughout the 2022-23 regular and postseason.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:08 pm

V

Visa Inc. has partnered with Belgium-based secure financial messaging services provider Swift to streamline international business-to-business (B2B) payments and speed up cross-border money movement. The collaboration will offer financial institutions and their customers increased options for international transfers, enhancing both the speed and transparency of transactions. The partnership incorporates Swift Payment Pre-validation, allowing preliminary checks on Visa B2B Connect payments.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2023 | 3:01 pm

ORCL

UBER

Uber Technologies Inc (UBER) and Oracle Corp (ORCL) have announced a new offering called Collect and Receive, which connects retailers and consumers to enhance last mile delivery. The service is supported by Oracle's retail data store and cloud platform technologies. This announcement builds on Uber's previously announced seven-year strategic cloud partnership with Oracle. Uber shares were up 0.57% at $46.77 at the time of publication.

Portfolio Pulse from Adam Eckert

September 19, 2023 | 2:54 pm